Financial Release
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BlackLine Acquires WiseLayer to Enhance its AI Capabilities
This acquisition takes BlackLine’s industry-leading automation to the next level, empowering customers to transform their most complex and time-consuming manual accounting work into intelligent, automated workflows. By embedding WiseLayer's trusted AI agents directly into the BlackLine Verity™ suite, customers can automate challenging, judgment-based tasks, starting with accruals and payroll accounting. This allows finance and accounting teams to reduce risk, increase accuracy, and accelerate the close – freeing them up to focus on reviewing results and providing the strategic guidance that drives the business forward.
“We are committed to building the most intelligent platform for the
“WiseLayer was founded to give finance and accounting teams their most valuable resource back: time. But it’s about more than just speed; it’s about enabling confidence and trust in the numbers,” said
“Joining BlackLine gives us an incredible opportunity to scale our technology by integrating with a platform already trusted by thousands of the world's leading companies,” said Vikram Bellapravalu, Co-Founder and CTO at WiseLayer. “We share a common vision and could not be more excited to help build the future of accounting and finance together.”
Media Contact:
Samantha Darilek
VP, Corporate Communications
samantha.darilek@blackline.com
Investor Contact:
Matt Humphries
SVP, Investor Relations
matt.humphries@blackline.com
Forward-looking Statements
This release referenced above contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “expect,” “plan,” anticipate,” “believe,” “estimate,” “predict,” “intend,” “potential,” “would,” “continue,” “ongoing,” or the negative of these terms or other comparable terminology. Forward-looking statements in this release include, but are not limited to, statements regarding BlackLine’s future financial and operational performance, including, without limitation, GAAP and non-GAAP guidance for the fourth quarter and full year of 2025, the impact of progress against certain key initiatives, our expectations for our business, including the demand environment, BlackLine’s addressable market, market position and pipeline, our international growth, and our relationships with our customers and partners, including opportunities to expand those relationships.
Any forward-looking statements contained in this press release are based upon BlackLine’s historical performance and its current plans, estimates and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. Forward-looking statements are based on information available at the time those statements are made and/or management’s good-faith beliefs and assumptions as of that time with respect to future events and are subject to risks and uncertainties. If any of these risks or uncertainties materialize or if any assumptions prove incorrect, actual performance or results may differ materially from those expressed in or suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, risks related to the Company’s ability to attract new customers and expand sales to existing customers; the extent to which customers renew their subscription agreements or increase the number of users; the impact of current and future economic uncertainty and other unfavorable conditions in the Company's industry or the global economy; the Company’s ability to manage growth and scale effectively, including entry into new geographies; the Company’s ability to provide successful enhancements, new features and modifications to its software solutions; the Company’s ability to develop new products and software solutions and the success of any new product and service introductions; the Company's ability to effectively incorporate artificial intelligence and machine learning technologies (AI/ML) into its platform and business and the potential reputational harm or legal liability that may result from the use of AI/ML solutions and features; the success of the Company’s strategic relationships with technology vendors and business process outsourcers, channel partners and alliance partners; any breaches of the Company’s security measures; a disruption in the Company’s hosting network infrastructure; costs and reputational harm that could result from defects in the Company’s solutions; the loss of any key employees; continued strong demand for the Company’s software in
Source: BlackLine, Inc.